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Featured local agent — Fort Payne, AL

Sarah Mitchell

CNESRESABR

Compass Real Estate · Fort Payne, AL

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

Fort Payne, AL(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews

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Fort Payne, AL Housing Market & Real Estate

Balanced market+11.8% YoY

Housing market overview · Updated monthly ·

$222,500median sale price

How is the Fort Payne, AL housing market right now?

The median home sale price in Fort Payne, AL is $222,500, up 11.8% year-over-year. Homes sell in an average of 122 days with 40 active listings. The market is currently a balanced market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)

Is Fort Payne a buyer's or seller's market?

Balanced market2.9 months of supply122 avg. days on market

Fort Payne, AL is currently a balanced market, based on 2.9 months of supply and homes selling in about 122 days. How we determine this →

Homes sold

14

Last 12 weeks

Days on market

122

Average pace

Active listings

40

2.9 months supply

Sale-to-list

96.7%

Below asking

What does the Fort Payne housing market data show?

Current housing market statistics for Fort Payne, AL
MetricValue
Median sale price$222,500
Median list price$220,000
Year-over-year price change+11.8%
Average days on market122 days
Active inventory40 listings
Months of supply2.9 months
Sale-to-list price ratio96.7%
Median price per sq ft$119/sq ft
Homes sold (latest month)14
New listings (latest month)10
Listings with a price cut25.0%
Market conditionBalanced market

Source: Redfin · Updated monthly

How much do homes cost in Fort Payne by property type?

How the Fort Payne, AL market breaks down across single-family homes, condos, and townhouses.

Median price, price per square foot, homes sold and days on market by property type in Fort Payne, AL
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$222,500$119/sq ft14122 days

Source: Redfin · Updated monthly

The Fort Payne housing market is currently classified as a balanced market with a median sale price of $222,500. Prices have risen 11.8% compared to last year, with homes spending an average of 122 days on market, indicating 2.9 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 4.2x provides context for how home values compare to local earning capacity.

Market trends

Homes for sale in Fort Payne

There are currently 40 homes listed for sale in Fort Payne, Alabama. The median listing price is $220K.

Active listings

40

Homes on market

Median list price

$220K

Avg. days on market

122

Days until sale

New this week

10

Newly listed

Price drops:25.0%of listings
Sale-to-list:96.7%

Who lives in Fort Payne?

Population

14,886

Median income

$48,623/yr

Median age

39.3 years

Owner-occupied

67.3%

College grads

17.5%

Avg commute

18.6 min

Source: U.S. Census Bureau ACS

What are homes worth in Fort Payne?

Zillow home value

$206,208

Price-to-income

4.2x

Source: Zillow Research

What is it like to live in Fort Payne?

Fort Payne is a community of approximately 15K residents with a median age of 39.3 years.The median household income is $48,623, which represents a working-class community with solid middle-income opportunities. 17.5% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.

Homeownership rates are at 67.3%, reflecting strong community stability and long-term resident commitment. The average commute time is 18.6 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Fort Payne offers a balanced lifestyle with accessible home values relative to local income levels.

Which public schools serve Fort Payne?

6 schools tracked · 3,550 students

The largest public schools serving Fort Payne, AL by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.

Fort Payne High School

Grades 9-12 · 1,112 students

Public

Wills Valley Elementary School

Grades PK-2 · 774 students

Public

Fort Payne Middle School

Grades 6-8 · 756 students

Public

Little Ridge Intermediate School

Grades 3-5 · 755 students

Public

Williams Avenue Elementary School

Grades PK · 153 students

Public

Alternative School

Grades 5-12

Alternative

Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.

Which cities are near Fort Payne, AL?

Want a head-to-head view? Compare Fort Payne side-by-side with any other U.S. city using our market-comparison tool.

Frequently asked questions

What is the average home price in Fort Payne?

The median home sale price in Fort Payne is $222,500, up 11.8% from last year.

How long do homes stay on market in Fort Payne?

Homes typically spend 122 days on market before going under contract.

What is the median income in Fort Payne?

The median household income is $48,623 per year.

Is Fort Payne a buyer's or seller's market?

With 2.9 months of supply, Fort Payne is currently a balanced market.

What is the Zillow home value estimate for Fort Payne?

The Zillow Home Value Index (ZHVI) for Fort Payne is $206,208, representing the typical home value in the area.

How much does a single-family home cost in Fort Payne?

The median single-family home price in Fort Payne, AL is $222,500 (about $119 per square foot).

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